Swiss WorldCargo, Cargologic and SATS have today established a secure temperature-controlled, quality corridor between Singapore and Zurich. The carrier and two ground handlers have synchronised their cargo handling facilities and procedures between Singapore and Zurich, to deliver the most accurate, reliable handling on the ground and in the air, with full paperless cargo acceptance processes that enhance visibility and transparency for shippers. The primary target for this initiative is the … [Read more...] about Swiss, Cargologic, SATS synchronise cold chain on SIN-ZRH
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EU to negotiate aviation pacts with ASEAN, UAE, Qatar & Turkey
European Union governments have given EU transport chief Violeta Bulc the go-ahead to negotiate aviation agreements with the Association of Southeast Asian Nations (ASEAN), the United Arab Emirates (UAE), Qatar and Turkey. An agreement with ASEAN will be historic as it will be the first European Union (EU) bloc-to-bloc aviation agreement. Agreements with the Arabian Gulf states are more controversial and set up a potential clash over alleged unfair subsidies to airlines based in the UAE and … [Read more...] about EU to negotiate aviation pacts with ASEAN, UAE, Qatar & Turkey
EU to negotiate aviation pacts with ASEAN, UAE, Qatar & Turkey
European Union governments have given EU transport chief Violeta Bulc the go-ahead to negotiate aviation agreements with the Association of Southeast Asian Nations (ASEAN), the United Arab Emirates (UAE), Qatar and Turkey. An agreement with ASEAN will be historic as it will be the first European Union (EU) bloc-to-bloc aviation agreement. Agreements with the Arabian Gulf states are more controversial and set up a potential clash over alleged unfair subsidies to airlines based in the UAE and … [Read more...] about EU to negotiate aviation pacts with ASEAN, UAE, Qatar & Turkey
DB Schenker sets up 100% owned logistics entity in Myanmar
In a move to strengthen its foothold in Myanmar, DB Schenker announced the opening of its new company, Schenker Myanmar Company Limited, effective 1 June 2016. Schenker Myanmar will manage contract logistics business operations for customers in the telecommunications, and consumer goods industries, it said. The new Myanmar entity will have over 80 employees operating the contract logistics & warehousing business, while the Yangon Branch of Schenker Thailand will continue to handle … [Read more...] about DB Schenker sets up 100% owned logistics entity in Myanmar
FedEx completes €4.4 billion acquisition of TNT
FedEx Corporation has announced that it has acquired TNT Express. The €4.4 billion acquisition combines the strengths of the companies – the world’s largest air express network and an unparalleled European road network, which will expand the existing FedEx portfolio and reshape the global transportation and logistics industry, FedEx said. FedEx said the integration process of TNT Express will begin immediately, adding that the company's track record of successful acquisition integrations in … [Read more...] about FedEx completes €4.4 billion acquisition of TNT
Asia Pacific airlines return to profitability in 2015: AAPA
Preliminary financial performance figures released today by the Association of Asia Pacific Airlines (AAPA) revealed that Asia Pacific airlines recorded US$6.9 billion in combined net earnings in 2015, an upswing from net losses of US$1.2 billion reported for the year 2014. The AAPA said the strong results were underpinned by sustained growth in passenger markets, lower fuel prices and operating efficiencies including a record high passenger load factor of 78.4 per cent and a small but … [Read more...] about Asia Pacific airlines return to profitability in 2015: AAPA
